The flue gas treatment systems market is projected to grow from USD
53.30 billion in 2017 to USD 69.11 billion by 2022, at a CAGR of 5.3%
from 2017 to 2022.

Formulation and stringent implementation of various environmental
regulations to reduce harmful emissions from different industries are
expected to drive the growth of the flue gas treatment systems market
across the globe during the forecast period. In addition, the growing
cement industry across the globe is also expected to propel the demand
for flue gas treatment systems between 2017 and 2022. The lack of
product knowledge among small manufacturers is a major challenge for the
growth of the flue gas treatment systems market.

The particulate control segment is estimated to lead the flue gas
treatment systems market in 2017. The growth of this segment of the
market can be attributed to the increasing use of electrostatic
precipitators and filter bags in a number of industries such as power,
cement, iron & steel, non-ferrous metal, and chemical & petrochemical,
among others to reduce the amount of pollutants such as fly ash and
acidic gases generated from these industries. With rapid
industrialization, especially in emerging economies, the demand for
these particulate control systems is continuously increasing.

The Asia Pacific flue gas treatment systems market is projected to grow
at the highest CAGR between 2017 and 2022. The growing number of
coal-based power plants and flourishing chemical & petrochemical
industry in the region are fueling the growth of the Asia Pacific flue
gas treatment systems market. Moreover, ongoing urbanization in the
region has also led to increased requirement for constructing new
infrastructures in the region, which, in turn, has increased the demand
for cement in the Asia Pacific region.

This growing demand for cement has led to increase in its production,
thereby leading to the growth of the Asia Pacific flue gas treatment
systems market. In addition, increasing number of manufacturing
industries in the Asia Pacific region, availability of cheap labor, and
increased foreign investments are also fueling the growth of the Asia
Pacific flue gas treatment systems market. The emergence of coal-based
power plants in various countries such as China, Japan, and India is
also expected to drive the growth of the Asia Pacific flue gas treatment
systems market during the forecast.